Singapore residential property BSD and ABSD

Understand the progressive Buyer’s Stamp Duty schedule and the separate Additional Buyer’s Stamp Duty rules for citizens.

Residential BSD schedule starts

15 February 2023IRAS, Buyer's Stamp Duty

BSD first S$180,000

1%IRAS, Buyer's Stamp Duty

BSD next S$180,000

2%IRAS, Buyer's Stamp Duty

BSD next S$640,000

3%IRAS, Buyer's Stamp Duty

BSD next S$500,000

4%IRAS, Buyer's Stamp Duty

BSD next S$1,500,000

5%IRAS, Buyer's Stamp Duty

BSD remaining amount

6%IRAS, Buyer's Stamp Duty

Citizen ABSD, first residential property

Not applicable, on or after 27 April 2023IRAS, stamp duty rates

Citizen ABSD, second residential property

20%, on or after 27 April 2023IRAS, stamp duty rates

BSD applies to the property acquisition

Buyer’s Stamp Duty is based on the higher of the purchase price and market value. A citizen buying a first residential property still pays BSD; BSD does not depend on the buyer's nationality or the number of properties owned. It is separate from ABSD. Stamp duty is set by the Stamp Duties Act and administered by IRAS. IRAS, Buyer's Stamp Duty (opens in a new tab).

The current progressive residential bands

For acquisitions on or after 15 February 2023, residential BSD applies at 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1,500,000 and 6% on the remainder. Each rate applies only to its slice of value. BSD is rounded down to the nearest dollar, with a minimum duty of S$1. IRAS, Buyer's Stamp Duty (opens in a new tab).

Citizen ABSD is a separate charge

Under the ABSD table applying on or after 27 April 2023, ABSD is not applicable to a Singapore Citizen buying a first residential property, while the rate for a citizen buying a second residential property is 20%. The earlier second-property rate does not apply to a purchase governed by the current table. ABSD also uses the higher of price and market value. IRAS, stamp duty rates (opens in a new tab).

Scope

This is general information, with no matching stamp-duty calculator or financial worked example. It does not determine your property's classification, count of properties or joint-buyer treatment. The citizen profiles described here do not cover every buyer.

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